UK 08:03 Tuesday, 22 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
According to my pocket calculator, British Land (BLND) is sitting at just under a 45% discount to NAV. That is better than the dog days of mid-March but still reflects a sharp discount expansion from the start of the year or versus longer-term norms. No surprises there, but it would like to tell you that today's full year numbers (to the end of March) are naturally a game of two periods, pre the pandemic and post the start of the pandemic…but I think the evidence is somewhat different...
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